PNC 2.88% 50.5¢ pioneer credit limited

I read the announcement that they are running both replacing the...

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    I read the announcement that they are running both replacing the debt facility & screening takeover offers in parallel.
    If the takeover offers don't happen they replace the debt & relist.
    If PE buys PNC the debt may not be required.
    Or a takeover happens to someone like CCP they replace at least part of the debt.
 
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